Healthcare Value Analysis Analyst

Vizient, Inc; Worcester (MA); Hybrid; USD 69,000 - 116,000; Full time

Benefits offered by this job

Hybrid work model

Benefits

Job summary

Vizient, Inc. is seeking a Value Analysis Analyst in Worcester, MA to support the Value Analysis program by analyzing clinical, operational, financial, and supply chain data to identify opportunities for product standardization, utilization management, and cost optimization.

You will collaborate with clinical, supply chain, and finance teams to evaluate products, conduct technology assessments, and implement approved initiatives.

Qualifications

• Relevant degree preferred.
• 2 or more years of relevant experience required.
• Experience analyzing and interpreting clinical, financial, operational, utilization, or supply chain data within healthcare or related industries.
• Advanced proficiency in Microsoft Excel and Microsoft Office applications, with experience developing reports, dashboards, and data visualizations.
• Strong analytical, critical thinking, and problem-solving skills with attention to detail and data accuracy.
• Excellent written and verbal communication, collaboration, and organizational skills, with the ability to manage multiple priorities and support cross-functional initiatives.
• Experience using AI-enabled tools to improve productivity, solve business problems, and critically evaluate AI-generated content for accuracy and appropriate use.
• Experience with ERP, MMIS, EMR, or healthcare benchmarking and reporting platforms preferred.
• Knowledge of healthcare value analysis, supply chain operations, product evaluations, and evidence-based decision-making preferred.
• Experience with Lean methodologies, continuous improvement initiatives, or project management practices preferred.

Responsibilities

• Analyze clinical, financial, utilization, quality, and supply chain data to identify opportunities for cost savings, product standardization, and operational improvement.
• Develop dashboards, reports, scorecards, and analyses to support Value Analysis initiatives, performance monitoring, and strategic decision-making.
• Track and report cost savings, product utilization trends, implementation progress, and initiative outcomes while maintaining accurate databases and documentation.
• Support product evaluations, technology assessments, new product reviews, supply disruptions, and request for proposal (RFP) activities.
• Manage and help source solutions for back orders, product discontinuations, and product recalls, coordinating with supply chain, suppliers, and internal stakeholders to support continuity of supply and timely communication.
• Conduct evidence-based research using clinical literature, benchmarking information, and market data to inform product and technology recommendations.
• Prepare presentations, reports, and supporting materials for Value Analysis committees, supply assurance meetings, and cross-functional project teams.
• Collaborate with clinical, supply chain, finance, and operational teams to coordinate information requests, evaluate opportunities, and implement approved product conversions and standardization initiatives.
• Identify opportunities to streamline reporting, improve workflows, strengthen data quality, and enhance operational efficiency while supporting organizational policies and governance processes.
• Monitor healthcare supply chain trends, emerging technologies, industry best practices, and continuous improvement opportunities to support departmental initiatives.
• Leverage AI-enabled tools to enhance data analysis, research, reporting, documentation, and communication while critically evaluating outputs for accuracy, relevance, and appropriate business use.

Skills

Excel proficiency

Data visualization

Analytical thinking

Communication skills

Project coordination

Education

Relevant degree

Tools

ERP systems

MMIS

EMR systems

Benchmarking platforms

Job description

Vizient, Inc. is seeking a Value Analysis Analyst in Worcester, MA to support the Value Analysis program by analyzing clinical, operational, financial, and supply chain data to identify opportunities for product standardization, utilization management, and cost optimization.

You will collaborate with clinical, supply chain, and finance teams to evaluate products, conduct technology assessments, and implement approved initiatives.